The Loonie Hour Podcast
Sovereign Debt Bubbles Ready To Pop
June 17th, 2022
The Bank of Canada Threatens To Break The Housing Market
The Federal Reserve raises rates by 75bps the largest rate hike since 1994. The Swiss National Bank also shocked with a 50bps rate hike. Sovereign debt bubbles are now facing immense pressure, particularly in Europe and Japan. The crypto market is imploding and the tech sell-off continues. Canadian Real Estate prices fall for second consecutive month.
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